answersLogoWhite

0


Best Answer

business cycle

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: The growth and contraction in the production of goods and services over time define?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What growth production?

Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.


The measurement of economic growth begins with the Gross National Production?

The measurement of economic growth begins with the Gross National Production. This is the measure of all the good and services that are produced by a country.


What is the opposite of growth?

contraction


How would you define the term 'economic growth'?

Economic growth is an increase in production levels of goods and services within a country. To measure and distinguish weather or not a country is growing, we need to observe the total amount of goods and services being produced in the country at the time, the real gross domestic product (GDP), and compare it to changes from one year to the next as a percentage. Common factors associated with economic growth are increases in capital stock, advances in technology, and improvement in the quality and level of literacy are considered to be the principal causes of economic growth.


Job organization and information?

Job organization and information will clearly define the roles of each department. This is very useful for purposes of monitoring growth and production.


What is the meaning of corperate growth?

Corporate growth involves a company's strategic measures for production and services exceeding or meeting consumer and company's expectations. This is usually found in increase in profit.


Economic growth occurs when more resources are available true or false?

True Economic growth occurs when there is an increase in the production of goods and services (GDP) of a certain period of time. With more resources available more goods or services can be produced


What increase has the demand for services seen in recent times?

The second change was an increased demand for services. The growth in demand for services--and resulting production--continues to increase at a faster rate than the demand for manufactured goods.


What is labor production?

it is yellow


How do you define rapid population growth?

the forest


Contraction (business cycle)?

economic growth weakens and becomes a recession


How can I define and describe logarighmic growth?

Logarithmic growth is the inverse of exponential growth. Exponential growth is a growth that occurs at a rate that is consistent and fast.